Monday 30 September 2019

Executive MBA in India, Executive MBA Programme Overview


Executive MBA is intended for the working administrators to satisfy their fantasy of higher examinations and to include another feather in the top to seek after a more elevated level of initiative and administrative job. On the off chance that you are hoping to seek after Executive MBA in India, this article is a must read for you.

Executive MBA programmes undoubtedly are surging in India. These courses have gained momentum recently, enabling several universities and educational institutes across the country offer them as part their of main stream programmes. The candidates who enroll for Executive MBA programmes in India are typically working professionals either at the midlevel or senior levels, with or without an engineering background but most certainly without a formal management qualification. By enrolling for Executive MBA programmes, they seek to bridge the gap between their current and desired skills in order to play a significant role in management or shit their career path.

Further, today’s work place is so demanding and competitive, and to excel and grow, an Executive MBA is slowly turning to be a must. In India, from IIM to ISB and to Top Universities offer Executive MBA programs. The programme course duration ranges between 12 months to 18 months depending upon the course and educational’ institute you choose.

REVA University‘s Executive MBA programs are quite popular. Offered as a One year program, it is designed to fast track your career and transform fast rising executives to powerful leaders with global perspectives. Based on innovation, leadership and research this course molds you’re thinking process and decision making skills to bring strategic perspective to your organization. The course incorporates latest trends in research, techniques and tools in management education using experiential pedagogy.

Friday 13 September 2019

10 Reasons to Make Career in Logistics Courses and Supply Chain Management Courses


I am not exactly sure about the future of "logistics" and "Supply chain Management" on the basis of career. Many aren't, until they understand this current industry's effect has made on about each aspect of their cutting edge lives. The coordinations division guarantees that merchandise is accessible to buyers when and where they need them. Logisticians regulate significant periods of an item's life, including designation, circulation, and conveyance.

The interest for Logistics is as of now at an untouched high, so in the event that you plan to discover relentless, lucrative work, this may be the profession for you. Here are the 10 amazing motivations to seek a career in logistics and supply chain management:

1. Job growth
Logistics is a rapidly expanding field that experienced growth even in the height of the recession. Now, the field is even more promising, with the Bureau of Labor Statistics predicting a seven percent job growth between 2016 and 2026.

2. High pay
As of May 2017, the median annual pay for a logistician in the United States was $74,590, or $35.86 per hour. According to the Bureau of Labor Statistics, the lowest 10 percent earned less than $44,820, and the highest 10 percent earned more than $120,120.

3. Relatively low barrier to entry
Logistics courses offer professionals the opportunity to score high-paying work without an advanced degree. Although some roles may necessitate graduate education or other forms of advanced training, most individuals can find work in logistics if they possess a bachelor's degree. A handful of jobs are available to those with associate's degrees, but in general, aspiring logisticians are advised to pursue four years of post-secondary education.

4. Opportunities for advancement
Although an advanced degree is not necessary for success in logistics, it can pave the way to rapid advancement. Upper management jobs are plentiful, but require extra education and experience.

5. International travel
Many logistics jobs necessitate frequent international travel. Although these trips focus far more on work than sightseeing, they offer an array of opportunities for those eventually hoping to break into the field of international business.

6. Local job availability
Not all aspiring supply chain management professionals hope to travel on a regular basis — many prefer to stay put. This is also possible in logistics, which, despite having a few hotspots, has broad appeal across numerous regions.

7. Industry options
Within the field of logistics, professionals can pursue specialization in such sub-sectors as wholesaling, warehousing, and postal services. Places of employment also can vary from big corporations, small business, not-for-profit organizations or for local or federal government entities.

8. Abundant internship opportunities
Although logistics courses and supply chain management course is a quickly growing field, many aspiring professionals worry about finding that first job. Plenty of stepping stones to entry-level employment are available, including paid internships at companies that may offer jobs to successful interns upon program completion.

9. Development of transferrable skills
Many logisticians remain in the field for decades, but others use the skills they've gained to move into other fields. Transferrable skills fostered in the field of logistics include forecasting, workflow optimization, general management, and financial planning.

10. Personal satisfaction
Although steady employment and high pay entice many individuals to find careers in supply chain management, most choose to remain in the field because they find their work so rewarding. In a 2017 report compiled by supply chain management research association APICS, millennial see supply chain management as an opportunity for growth. These surveyed upbeat employees believe in their ability to make a difference in this field while it will provide personal growth and development. In the end, the prospect for a deeply rewarding career should be any prospective logistician's chief reason for pursuing a career in supply chain management.

source by: online.jwu.edu

Tuesday 3 September 2019

Supply Chain Management Courses | Logistics Courses | IIM Calcutta

What is Supply Chain Management?

Supply Chain Management is a network of supplier, manufacturing, assembly, distribution, and logistics facilities that perform the functions of procurement of materials, transformation of these materials into intermediate and finished products, and the distribution of these products to customers. Supply chains arise in both manufacturing and service organizations. SUPPLY CHAIN MANAGEMENT  (SCM) is a systems approach to managing the entire flow of information, materials, and services from raw materials suppliers through factories and warehouses to the end customer. SCM is different from SUPPLY MANAGEMENT which emphasizes only the buyer-supplier relationship.

Supply chain management has emerged as the new key to productivity and competitiveness of manufacturing and service enterprises. The importance of this area is shown by a significant spurt in research in the last five years and also proliferation of supply chain solutions and supply chain companies (e.g. i2, Manugistics, etc.). All major ERP companies are now offering supply chain solutions as a major extended feature of their ERP packages.

Supply Chain Management Courses


Supply chain management is a major application area for Internet Technologies and Electronic Commerce (ITEC). In fact, advances in ITEC have contributed to growing importance of supply chain management and SCM in turn has contributed to many advances in ITEC.


 Two Faces of Supply Chain Management

SCM has two major faces to it. The first can be called loosely as the back-end and comprises the physical building blocks such as the
supply facilities, production facilities, warehouses, distributors, retailers, and logistics facilities. The back-end essentially involves
production, assembly, and physical movement. Major decisions here include:

   1. Procurement (supplier selection, optimal procurement policies, etc.)

   2. Manufacturing (plant location, product line selection, capacity planning, production scheduling, etc.)

   3. Distribution (warehouse location, customer allocation, demand forecasting, inventory management, etc.)

   4. Logistics (selection of logistics mode, selection of ports, direct delivery, vehicle scheduling, etc.)

   5. Global Decisions (product and process selection, planning under uncertainty, real-time monitoring and control, integrated scheduling)

Stochastic models (Markov chains, queueing networks), optimization models (LP, ILP, MILP, heuristics), and simulation provide the basis for the above decisions.

The second face (which can be called the front-end) is where IT and ITEC play a key role. This face involves processing and use of information to facilitate and optimize the back-end operations. Key technologies here include: EDI (for exchange for information across different players in the supply chain); Electronic payment protocols; Internet auctions (for selecting suppliers, distributors, demand forecasting, etc.); Electronic Business Process Optimization; E-logistics; Continuous tracking of customer orders through the Internet; Internet-based shared services manufacturing; etc.
 
Supply chain management courses are included in associate and bachelor's degree programs in supply chain management or logistics courses. At the graduate level, students can find relevant studies in master's and doctoral degree programs in business, global supply chain management or supply chain engineering. Additionally, supply chain management and logistics courses can be found within graduate certificate or professional development programs, which may require completion of 6-8 courses. Some colleges and universities also offer stand-alone courses on the subject. Individual continuing education classes and seminars, which can range from 1-3 days, are also available through professional organizations.

Supply Chain Management and Logistics Courses

Some common concepts taught in these courses are:


Accounting skills
Distribution and inventory management
Understanding the role of supply chain management
Cost management education
Current global trends within logistics

OBJECTIVES OF THE COURSE

To introduce the major building blocks, major functions, major business processes, performance metrics, and major decisions
(strategic, tactical, and operational) in supply chain networks

To provide an insight into the role of Internet Technologies and Electronic Commerce in supply chain operations and to discuss
technical aspects of key ITEC components in supply chain management.

To bring out the role of stochastic models (Markov chains, queueing networks); optimization models (LP, ILP, MILP, GA, Constraint Programming); and simulation in supply chain planning and decision-making. This will provide the foundation for design and analysis of supply chains. 

Executive MBA in India, Executive MBA Programme Overview

Executive MBA is intended for the working administrators to satisfy their fantasy of higher examinations and to include another feather ...